Why is the Gig Industry Experiencing Trust Scarcity?

Carlos is an international relations' analyst specializing in cryptocurrencies and blockchain technology. Since 2017, Carlos has written extensively for UseTheBitcoin and other leading cryptocurrency sites; with over 2,000 articles published.

Have you ever wondered why, even though the freelance industry has grown tremendously in the past decades, it failed to acknowledge the recession issue at so many levels? We will come to that but let’s first explore the growing industry a little.

The industry, without a doubt, is trending upwards. To be fair, it has been growing for a couple of years, to the point that freelancers are nearly 35% of the American workforce these days. Isn’t that impressive? Those numbers show a remarkable paradigm shift in a country that, in other times, used to be the image of the 8-to-5 worker that made his, or her, living while being 100% loyal to the company or employer.

Working from the luxury of your home, at the time you feel most productive, is the real deal, and is a method that is still oozing potential for further growth; but at what cost? The freelance industry is not the fairytale that everyone wants to be in anymore. It has got its nightmares.

Granted, freelance platforms can connect people with numerous employers in almost every field: data entry jobs, writing, content creation, rewriting, editing, graphic design, programming, web designing, and so on. The world is filled with possibilities and with people that are willing to hire and pay freelancers in a timely and fair way. However, most freelance networks can’t assure you 100% that the employer is going to provide the payment, or that he/she won’t give you an unfair review despite you finishing the task in time and with wonderful results.

The never-ending quest for reliability

If it isn’t evident by now, the freelance industry is in dire need of a system or environment that can provide a sense of trust in the relationships and daily interactions between the two most relevant actors in the field, which are freelancers and employers.

In short, the industry currently lacks the foundations and principle standards to establish a trustworthy relationship between the two. That is where GigTricks comes into play, to try and solve the trust issue in the field.

GigTricks will provide all the ingredients to enhance transparency and trust levels between the clients and the freelancers. How does it do it? By implementing the blockchain technology, a very trendy measure that can offer reliability and security when it comes to transactions at all levels.

A complete, on-demand ecosystem with endless possibilities

Existing freelance platforms are excellent tools to get a job or, if you are an employer, to assign a task to someone under your own terms: you need it to be completed by a specific date and will pay a fixed, previously-agreed amount of money in exchange for the freelancer’s services and talent. However, some of these networks have issues in the reviews and skill rating sections, as they can provide a wrong public image about the business relationship established between the two parties.

GigTricks appears as a worldwide solution to those issues, as it represents the first truly 360® freelance and on-demand ecosystem, which will be reviewed and approved by millions of users around the globe.

All things considered, the platform will provide invaluable help in the freelancer community, as it is prepared to deal with any trust issues with the help of the blockchain model. The final goal is to put up a fight against global recession by giving people endless opportunities to work from their homes and generate profit to spend on their specific consumer needs.

Additionally, the freelancer community faces other challenges related to their activity, such as unstable internet connections. As the world becomes more crowded; services such as connectivity can fail in some locations. To combat that, GigTricks offers an innovative working mode: the blockchain-based Point-of-Sale will let freelancer conduct their business while being offline.

The GigTricks PoS devices will allow freelancers to have an integrated profile for both online/offline orders i.e. local clients can make payments in any currency or even crypto, and it will be converted into GBTC at real time. The local order record history will be stored in hyperledger and show in the GigTricks Pro profile. Moreover, the local clients can also submit a review that is after an initial automatic screening and manual filtration will be added to the Pro profile and incorporate in the overall profile rating as well as the individual skill rating of the freelancer.

Enhancing freelancer’s reputation with the most complete suite

The freelance industry is all about reputation. Employers tend to assess at least 50 applications before committing to giving their project to one freelancer in particular. Chances are that the person employing the subject in question spent hours looking at each profile, and he went for the one who they thought was more qualified.

How does a freelancer earn a strong profile? With skill ratings, reviews, and comments from the community, a term that can encompass previous employers, colleagues, and fellow freelancers.

The GigTricks Pro feature can be of great help for freelancers all over the world, no matter the location, as it can provide endless job opportunities by showcasing verified online profiles and portfolios.

The platforms contain several devices and tools that can make sure all actors stay connected and in constant communication in the entire process, all in a trustworthy and reliable way. The GigTricks Point of Sale (PoS), Marketplace, Social, Pro, and Learning services aim to leverage each other to offer benefits to everyone.

These benefits can also come in the form of GigBit Tokens, a special crypto utility token to interact with the GigTricks environment and that can be earned via the GigTricks Social activity. The ecosystem has a number of unblock-able achievements, skill tests, and other premium features, which can be purchased using the mentioned mean of payment.

The world’s best referee!

The freelance industry is also famous (or notorious, if you prefer the term) for hosting more than one dispute about a project. It is a natural course of things: sometimes, the client and the freelancer can’t seem to agree upon anything. However, these issues are not always solved in the fairest terms in existing freelance platforms.

However, GigTricks provides a feasible solution for disputes: the platform encourages an incentivized voting system within the community that adds the one ingredient missing in the equation that is trustworthiness. That way, both parties will have the certainty that the problem was dealt with in a fair way and not by a small, possibly biased staff.

All things told, the GigTricks ecosystem is a perfect measure to add trustworthiness to a growing industry. After all, more than 80 million people in North America, Europe, and Asia formally identify themselves as freelancers, and that number doesn’t include fast-rising markets such as South and Latin America.

Almost half of the millennials (approximately 47%) are into freelancing, and by current growth rates, by 2025, nearly half of the people in the United States of America will freelance. There is no denying that freelance-related activities represent the future of making money, and GigTricks is one of the best measures to provide the playing field with the right levels of reliability, transparency and security.

Join the freelance and on-demand revolution having 5 innovative products integrated into a single ecosystem. Presale will be live from 1st July 2018 to 30th July 2018.

Search

News

UseTheBitcoin

Connect on Social

Nothing on this website constitutes, or should be relied on as,
investment advice or financial advice of any kind. Please consult a licensed investment
advisor or other qualified financial professional if you are seeking investment advice on an ICO,
cryptocurrency or other investment. Learn More